A former CFTC lawyer thinks the Supreme Court might take on Kalshi's legal battle.

Oct 15, 2026, 2:51 PM ETRulesRead the original at Benzinga

Neutral

DraftKings runs Predictions, which could face state-by-state limits if courts let gambling laws apply. A ruling for federal control could preserve broad access, and no outcome is settled.

DKNG · DraftKings

AI read · Neutral

The AI's read

For DraftKings, the key question is whether its Predictions service can keep offering sports contracts across states. A ruling that lets states apply gambling laws could force limits by location. Federal control could leave a wider path open. The courts disagree, the Supreme Court has not agreed to hear the case, and proposed CFTC rules may not settle the issue. The story does not yet point clearly one way.

HOOD · Robinhood Markets Inc.

AI read · Neutral

The connection

Robinhood offers Kalshi contracts, so state-by-state limits could restrict customer access. Federal control could preserve broader access, and the courts have not settled the issue.

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